“Herk Strumpf Joins Staff at Marina Management Services” Boca Raton, FL, May 11, 2009 — Marina Management Services, Inc. (MMS) is pleased to announce the addition of Herk Strumpf as an Associate in the Boca Raton Office. “Herk brings a diverse background to MMS, and his experience in new business development and market & economic feasibility analysis will be a great addition to our growing team,” stated Dennis Kissman, President of MMS.
Entries in 2009 (10)
Boca Raton, FL, May 8, 2009 Marina Management Services, Inc. (MMS) is retooling its workout consulting and management programs to respond to the increasing number of marina projects that are returning to lenders.
This article, by Dennis Kissman, was published in Marina Dock Age – January 2009. Today’s economic recession is not just local or regional; it’s global in scope and having profound effects on all business operations, including boating and marinas. If anyone thinks that there is going to be a magic cure for the downturn marinas will experience in the next couple of years, they will be disappointed.
This article, by Dennis Kissman, was published in Marina Dock Age – March 2009. Having been part of the marina industry for a number of years, I have seen boaters congregate around and support a particular boater who seems to speak for the group. Invariably, this individual ends up talking to the marina manager or operator. He usually starts out his conversations in a very innocent manner, saying “I’m your friend and want to help you understand some of the problems that you may not be aware of in the marina. ”
This article, by Dennis Kissman, was published in Marina Dock Age – April 2009. With an increasing number of marina projects heading back to lenders, it is important to look at how these projects, existing and on paper, will survive the current economic downturn and the bankruptcy process. To do this successfully, it is important to identify and examine some of the factors that have caused these projects to fail. But it’s even more important to provide some guidelines on how the lenders, owners, and developers can make sense of these projects.